stamp duty on development land

stamp duty on development land

Postby deltaforce1 on Wed Dec 14, 2011 2:47 pm

Dear All,

Whats the stamp duty rate on land with full planning permission? Is this rate different for land without planning?
deltaforce1
 
Posts: 21
Joined: Wed Feb 23, 2011 2:46 pm

Re: stamp duty on development land

Postby section 44 on Wed Dec 14, 2011 3:08 pm

deltaforce1 wrote:Whats the stamp duty rate on land with full planning permission?


0, 1, 3, 4, or 5%

deltaforce1 wrote:Is this rate different for land without planning?


No.
section 44
 
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Joined: Thu Oct 30, 2008 12:47 pm

Re: stamp duty on development land

Postby deltaforce1 on Wed Dec 14, 2011 5:54 pm

what are the thresholds for the different rates?
deltaforce1
 
Posts: 21
Joined: Wed Feb 23, 2011 2:46 pm

Re: stamp duty on development land

Postby section 44 on Wed Dec 14, 2011 6:16 pm

1% if more than £150k (125k if residential)
3% if more than £250k
4% if more than £500k
5% if more than £1m (residential only)
section 44
 
Posts: 2062
Joined: Thu Oct 30, 2008 12:47 pm


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